International Paper is once again planning a major re-investment in its Coosa linerboard mill, to the tune of up to $150 million. Rather than speaking of job creation, officials spoke of job retention. Technological upgrades to the mill are expected to help retain over 500 jobs. An inducement resolution for the project was approved by the Rome Floyd County Development Authority on Tuesday. Authority attorney Andy Davis said the last time International Paper received bond financing, for a similar amount in 2013, the company pledged to retain 460 jobs. Since then, he said, 40 new jobs have been created at the mill. Click read more below for additional detail.
Lightweight specialty paper and dimensional lumber manufacturer, Twin Rivers Paper Company, announces the appointment of John Reichert to the position of Chief Operating Officer.
Effective immediately Reichert assumes responsibility for Manufacturing, Maintenance & Engineering, Environment, Human Resources and Procurement & Logistics for all three Twin Rivers’ operations including the Madawaska Paper Mill, Edmundston Pulp Mill and Plaster Rock Lumber Mill.
“John is known for his vast operational expertise and delivering results,” said Tim Lowe, Chief Executive Officer. “I am confident his leadership combined with our strong balance sheet, differentiated technical capability and dedicated workforce will create an even stronger organization while accelerating future growth.”
“I am excited about taking on this new role at Twin Rivers,” added Reichert. “The business has come a long way since the ownership change in 2013 and continues to make the investments needed to ensure future success as a nimble, high quality, integrated forest products company.”
Reichert brings more than 30 years of operational experience to Twin Rivers in the areas of specialty paper production, supply chain, commercial and brand management, P&L responsibility, grade development, change management, strategic planning and labor union relations. He has held leadership positions for several large forest products companies, including Stora Enso and mostly recently NewPage (now Verso) where he served as the Mill Manager of Stevens Point. Reichert holds a Bachelor of Science degree in Paper Science & Engineering from the University of Wisconsin-Stevens Point.